Certain B Shares of Biovica International AB (publ) are subject to a Lock-Up Agreement Ending on 13-APR-2024. These B Shares will be under lockup for 121 days starting from 14-DEC-2023 to 13-APR-2024.

Details:
Prior to the announcement of the Rights Issue, shareholding members of the Board of Directors and Senior Management of the Company have entered into lock-up undertakings, which, among other things and with customary exceptions, mean that they have undertaken not to sell shares in the Company for a period of 120 days after the announcement of the outcome in the Rights Issue. Furthermore, the Company has undertaken towards Pareto Securities, subject to customary exceptions, not to issue additional shares or other share-related instruments for a period of 120 days after the end of the subscription period.